Common use of Resignation by Executive Clause in Contracts

Resignation by Executive. Upon ninety (90) days written notice, Executive may voluntarily terminate Executive's employment with the Company for any reason without penalty or any liability to Parent or Company for any damages, expenses or other costs; provided, that in such event Executive waives any amounts payable to Executive under this Agreement; provided, further, that Executive's obligations under that certain Confidentiality and Non-Competition Agreement, dated as of the date hereof, shall remain unaffected by such resignation.

Appears in 5 contracts

Samples: Employment Agreement (Homeside Lending Inc), Employment Agreement (Homeside Lending Inc), Employment Agreement (Homeside Lending Inc)

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Resignation by Executive. Upon ninety thirty (9030) days written notice, ------------------------ which notice the Company may waive in its sole discretion, Executive may voluntarily terminate Executive's employment with the Company for any reason without penalty or any liability to Parent or the Company for any damages, expenses or other costs; provided, that in such event Executive waives any amounts payable to Executive under this Agreement; provided, further, that Executive's obligations under that certain Confidentiality and Non-Competition Nonsolicitation Agreement, dated as of the date hereof, shall remain unaffected by such resignation.

Appears in 4 contracts

Samples: Employment Agreement (Homeside International Inc), Employment Agreement (Homeside International Inc), Employment Agreement (Homeside Lending Inc)

Resignation by Executive. Upon ninety thirty (9030) days written -------------------------- notice, which notice the Company may waive in its sole discretion, Executive may voluntarily terminate Executive's employment with the Company for any reason without penalty or any liability to Parent or the Company for any damages, expenses or other costs; provided, that in such event Executive waives any amounts payable to Executive under this Agreement; provided, further, that Executive's obligations under that certain Confidentiality and Non-Competition Nonsolicitation Agreement, dated as of the date hereof, shall remain unaffected by such resignation.

Appears in 3 contracts

Samples: Employment Agreement (Homeside International Inc), Employment Agreement (Homeside Lending Inc), Employment Agreement (Homeside Lending Inc)

Resignation by Executive. Upon ninety (90) The Executive shall at all times have the right, upon 90 days written noticenotice to the Company, Executive may voluntarily to terminate the Executive's employment with hereunder. Upon any termination pursuant to this Section 4.4, the Executive shall be entitled to be paid his accrued Base Salary and any unpaid bonus previously awarded by the Compensation Committee and the Company for any reason without penalty or any shall have no further liability hereunder. Upon resignation, the Company has the option to Parent or Company for any damages, expenses or other costs; provided, that in such event waive the notice requirements and to terminate the Executive waives any amounts payable to Executive under this Agreement; provided, further, that Executive's obligations under that certain Confidentiality and Non-Competition Agreement, dated as of the date hereof, shall remain unaffected by such resignationimmediately.

Appears in 1 contract

Samples: Employment Agreement (Continucare Corp)

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Resignation by Executive. Upon ninety thirty (9030) days written ------------------------ notice, which notice the Company may waive in its sole discretion, Executive may voluntarily terminate Executive's employment with the Company for any reason without penalty or any liability to Parent or the Company for any damages, expenses or other costs; provided, that in such event Executive waives any amounts payable to Executive under this Agreement; provided, further, that Executive's obligations under that certain Confidentiality and Non-Competition Nonsolicitation Agreement, dated as of the date hereof, shall remain unaffected by such resignation.

Appears in 1 contract

Samples: Employment Agreement (Homeside International Inc)

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